2023-24 SaskEnergy Annual Report

Supplementary Information

Consolidated Statement of Comprehensive Income For the years ended March 31, (millions) 2024

2023

2022

2021

2020

Audited

Audited Audited Audited Audited

REVENUE Natural gas sales

$

366 $

638 $

434 $

286 $

309 284 187

304 236

Delivery

313 235

288 206

284 186

Transportation and storage Customer capital contributions

28

57

25

49

36

934

1,243

953

805

816

EXPENSES Natural gas purchases

312 119 206 140

564 109 198 146

400 106 183 126

279 102 169 117

284

Employee benefits

96

Operating and maintenance Depreciation and amortization

164 109

19

Saskatchewan taxes

18

18

16

16

-

Loss (recovery) on trade and other receivables

7

(2)

5

5

796 138

1,042

831 122

688 117

674 142

201

INCOME BEFORE THE FOLLOWING

NET FINANCE EXPENSES Finance income

3

2

2

4

4

(81) (78)

Finance expenses

(75) (73)

(61) (59)

(59) (55)

(59) (55) (21)

(5)

(2)

19

(3)

OTHER NET (LOSSES) GAINS NET INCOME BEFORE MARKET VALUE ADJUSTMENTS

55

126

82

59

66

MARKET VALUE ADJUSTMENTS Commodity

(32)

(67)

75

8 7 7

6

(2)

Asset optimization

1

1

(36)

-

Net realizable value on natural gas in storage

-

-

7

(34)

(66)

76

22

(23)

$

21 $

60 $

158 $

81 $

43

TOTAL NET INCOME

CONSOLIDATED STATEMENT OF CASH FLOWS Cash provided by operating activities

345

304

238

204

270

(269)

Cash used in investing activities

(225)

(237)

(235)

(341)

(62)

Cash (used in) provided by financing activities INCREASE (DECREASE) IN CASH POSITION

(75)

1

30

66

$

14 $

4 $

2 $

(1) $

(5)

95

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